Sabre stock is down around 12% Year to Date and around 24% in the last year.
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Why is the stock down 24% in the last year if things are going on fine ? ( That's the message I got from the CEO townhall meetings)
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Who is impacted the most due to significant ups and downs in the stock price ? Hint - Not the Sabre employees.
At this time, there are no new revenue lines, new customers or growth coming in. So the only way to boost the stock price is Cost Cutting, which in this case means employee cuts in DFW and other high cost centers. There will be token cuts in the low cost centers.
Think about who benefits the most from the Stock jump and the answer will be clear on why the cuts are coming